Tax Optimization Definition
Tax optimization is the practice of legally reducing the amount of taxes you owe by using…
Category: Offshore Glossary
Asset Protection Definition
Asset Protection: Definition, Strategies, and Importance Asset protection refers to the set of legal, financial, and…
Offshore Account Definition
An Offshore Account is a foreign account held in a country outside the account holder’s residence.…
Offshore Company Definition
An Offshore Company, also known as an International Business Corporation (IBC), is a business registered in…
Offshore Jurisdiction Definition
An Offshore Jurisdiction is an international location that offers favorable financial laws, tax benefits, and privacy…
Tax Haven Definition
A tax haven is a country or jurisdiction with minimal or zero tax rates, providing financial…
Banking Haven Definition
A Banking Haven is a financial location known for strong privacy, asset protection, and favorable tax…
FATCA law Definition (Foreign Account Tax Compliance Act)
FATCA law (Foreign Account Tax Compliance Act) is a U.S. law aimed at combating tax evasion…
Common Reporting Standard (CRS) Definition
The Common Reporting Standard (CRS) is an international tax standard developed by the Organisation for Economic…
Double Taxation Agreement Definition
A Double Taxation Agreement (DTA), also known as a tax treaty or convention, is an agreement…
Anti-Money Laundering (AML) Definition
Anti-Money Laundering (AML) refers to the comprehensive set of laws, regulations, and procedures designed to prevent…
Know Your Customer (KYC) Definition
Know Your Customer (KYC) is a process used by financial institutions and other regulated entities to…
Bank Secrecy Definition
Bank Secrecy, also known as Secret banking, is a principle that ensures the confidentiality of clients’…
Wealth Management Definition
Wealth Management is a comprehensive service that helps individuals and families grow, protect, and manage their…
Nominee Services Definition
Nominee Services are arrangements where a designated person or entity, called a nominee, acts on behalf…
Trusts and Foundations Definition
Trusts and Foundations are legal structures used to manage and protect assets for specific purposes, often…
Economic Substance Definition
Economic Substance refers to regulations that require companies to demonstrate real business activities in the jurisdiction…
